ISP. Unless otherwise expressly agreed by Issuing Lender and the Borrower when a Letter of Credit is issued, the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) (“ISP”) shall apply to each Letter of Credit.
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Samples: Credit Agreement (Surewest Communications), Credit Agreement (Surewest Communications)
ISP. Unless otherwise expressly agreed by the Issuing Lender Lender, the Borrower and the Borrower when beneficiary of a Letter of Credit is issuedCredit, the rules of the “International Standby Practices 1998” as most recently published from time to time by the Institute International Chamber of International Banking Law & Practice Commerce (or such later version thereof as may be in effect at the time of issuance) (“ISP”) shall apply to each Letter of Credit.
Appears in 2 contracts
Samples: Joinder, Consent, First Amendment and Reaffirmation Agreement (ATN International, Inc.), Credit Agreement (ATN International, Inc.)
ISP. Unless otherwise expressly agreed by the Issuing Lender Lender, the Borrower and the Borrower when beneficiary of a Letter of Credit is issuedCredit, the rules of the “International Standby Practices 1998” as most recently published from time to time by the Institute International Chamber of International Banking Law & Practice Commerce (or such later version thereof as may be in effect at the time of issuance) (“ISP”) shall apply to each Letter of Credit.
Appears in 1 contract
Samples: Credit Agreement (Otelco Inc.)
ISP. Unless otherwise expressly agreed by the Issuing Lender Lender, the Borrower and the Borrower when beneficiary of a Letter of Credit is issuedCredit, the rules of the “International Standby Practices 1998” as most recently published from time to time by the Institute International Chamber of International Banking Law & Practice Commerce (or such later version thereof as may be in effect at the time of issuance) (“"ISP”") shall apply to each Letter of Credit.
Appears in 1 contract
Samples: Credit Agreement (Andersons, Inc.)
ISP. Unless otherwise expressly agreed by the Issuing Lender Lender, the Borrower and the Borrower when beneficiary of a Letter of Credit is issued, the rules of the “International Standby Practices 1998” as most recently published from time to time by the Institute International Chamber of International Banking Law & Practice Commerce (or such later version thereof as may be in effect at the time of issuance) (“ISP”) shall apply to each Letter of Credit.
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ISP. Unless otherwise expressly agreed by Issuing Lender and the Borrower when a Letter of Credit is issued, the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) (“ISP”) shall apply to each Letter of Credit.
Appears in 1 contract
